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ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

Professor Roubini on Global and Regional Economies

Artificial intelligence, machine learning, robotics and automation will define the future of jobs, says renowned economist Professor Nouriel Roubini
  • Artificial intelligence, machine learning, robotics and automation will define the future of jobs, says renowned economist Professor Nouriel Roubini
  • There's a wide range of geopolitical uncertainties in the Middle East that can affect the economy, markets, and energy prices, adds Roubini

Aramco is targeting investment in China : CEO Amin Nasser

Saudi Aramco is interested in investing in China, its President and CEO Amin H Nasser, said. He asserted that Aramco...
  • Aramco is holding initial talks with partners, including the state-owned defense contractor Norinco.
  • The talks were reportedly about the development of a $10 billion refining and petrochemicals complex in China. 

Qatar Financial Center’s systems benefit aircraft leasing firms: CEO

The Center’s proximity to the most important leading airlines in the world and its wide network of destinations make it...
  • Yousuf Mohammed Al Jaida said the Center's proximity to leading airlines makes it ideal for aircraft leasing companies.
  • Nearly 30 of the largest aircraft lessors in the world are looking forward to concluding deals with leading airlines that utilize their assets efficiently.

Mumzworld CEO says committed to supporting Mideast businesswomen

Mumzworld has over 350 staff, with over 6,000 brands and more than 300,000 products for sale on the website, and...
  • Mumzworld was built in 2011 to support women in the Arab world and help them to make informed decisions for their families.
  • Ataya told that she would use her new role as a mentor, and sharing the knowledge, skills, and successes with other women.

NASA Arab scientist pleas for unity in space

Exploring space is no longer a luxury, it is humanity's future, says Tunisian astrophysicist and Nasa scientist Nour Raouafi
  • Exploring space is no longer a luxury, it is humanity's future, says Tunisian astrophysicist Nour Raouafi
  • Arab countries should work together to face major challenges in space science, highlights the Nasa scientist

Tourism, retail to fuel Dubai economy growth in 2022

The insights from the Dubai Chamber study were released during a business seminar titled The Road Ahead: UAE and Dubai...
  • In 2022, the UAE economy is projected to record an estimated annual GDP growth rate of 3.4 percent
  • The entire UAE economy began to recover in 2021 by registering an estimated annual GDP growth rate of 3.1 percent

REVEALED: Billions missing from Lebanese Central Bank

Even as Lebanon faces one of the worst economic crises, about US$7 billion remains missing from the Lebanese central bank’s...
  • Some of the data sifted by TRENDS point to a US$7 billion scam involving the country’s central bank and the powerful individuals
  • The poor and weak policies of Banque du Liban (BDL) may have facilitated a “Ponzi” scheme involving Eurobonds

DFM picks new CEO

The Dubai Financial Market (DFM) has hand-picked Hamed Ahmed Ali as the new Chief Executive Officer (CEO) in the wake...
  • The newly formed board of directors approved the appointment as part of efforts to “empower new leaders”
  • Ali was previously appointed Deputy CEO and Chief Markets Officer of DFM in July 2020

Herfy Foods appoints new CEO

Saudi Arabia’s Herfy Food Services Company (Herfy Foods) has appointed Sam Bader as CEO, after he served as acting CEO.
  • “The board of directors of Herfy Food Services Co extends its appreciate and gratitude for the efforts made by Mr Sam Bader during his term of acting CEO"
  • The company said Bader had started his career with BK USA, then worked for McDonald’s International USA

Hyperloop to become a reality in years, not decades: CEO DP World

Hyperloop, which is expected to transport passengers and freight at a speed of an airplane, could become a reality before...
  • Sultan Ahmed bin Sulayem said India and Saudi Arabia might roll out the transport system first.
  • DP World has invested in Virgin Hyperloop, which tested human travel in a hyperloop pod for the first time in 2020.

35.6% rise in Saudi women’s economic participation makes TOP CEO Conference’s May predictions true

The confirmation of an increased participation of women in workplace comes months after the TOP CEO Conference held in May...

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Ending gender disparity key to regional prosperity

Even as SMEs in GCC seek to do more to end gender disparity , UAE proactively leads the region in...

GCC businesses need to diversify board members

The percentage of women on boards in corporate houses across the GCC countries is low, Christiane Schloderer, INSEAD Alumni Association's...

Energy, technology and finance lead Gulf IPOs

Energy, utilities and natural resources account for 42% of the total IPO proceeds, TMT 27% and financial services 21%, Odin...

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Digitization to see more GCC women enter workforce

Although the number of female STEM graduates is high in GCC, this couldn't translate into proportionate increase in workforce, says...
  • GCC is witnessing a rise in recruitment of women and more knowledge sharing between companies to ensure women are supported throughout their careers, Harb said.
  • Digitalization would help organizations that invest in digital tools to hire and retain diverse talent and besides supporting women's active participation in the workplace.

GCC ready to deal with global inflation, sectoral shifts

However, Hamade believes that the markets in the Gulf region are better prepared to navigate the economic headwinds given the...
  • Local production, technology, and the improving quality of goods and services alleviate the pressure of exports, says Amanat Holding's CEO Dr Mohamed Hamade
  • Startups have been contributing to driving economic self-sufficiency aided by homegrown production and facilitation to reduce the burden of imports, he adds

TOP CEO 2022 Winners List: And the award goes to…

The most transparent and credible business awards in the Arabian Gulf celebrate leaders of the stock market-listed companies in the...
  • The 6th edition of TOP CEO Conference and Awards ended on Wednesday evening with a promise to return in 2023
  • The first day of the conference is branded as Arab Women Forum while the second day was more about hardcore business